WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 169.99

-2.4%

3:59 PM EST

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To: Art Bechhoefer who wrote (11056)	5/16/2000 7:37:00 AM
From: Ausdauer	Read Replies (2) of 60323

Based on yesterday's nadir of $62.00 a share... ...I estimated a forward PE of 46 based on my earnings estimate of $1.20/share for 2000 and an adjusment for cash net of debt. I find that statistic to be mind boggling based on my general impressions from the information given at the Shareholders' Meeting. Only someone under pressure to sell would let SNDK go at that price. And anyone who bought yesterday at $62.00 is now under arrest. That is highway robbery, plain and simple. Ausdauer

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